Hapbee Book Value Per Share vs Days Sales Outstanding Analysis

HAPB Stock  CAD 0.1  0.03  20.83%   
Hapbee Technologies financial indicator trend analysis is much more than just examining Hapbee Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hapbee Technologies is a good investment. Please check the relationship between Hapbee Technologies Book Value Per Share and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hapbee Technologies Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hapbee Technologies' Book Value Per Share and Days Sales Outstanding is 0.64. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Hapbee Technologies, assuming nothing else is changed. The correlation between historical values of Hapbee Technologies' Book Value Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Hapbee Technologies are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Book Value Per Share i.e., Hapbee Technologies' Book Value Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Sales Outstanding

Most indicators from Hapbee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hapbee Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Hapbee Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 4.76 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 514.8 K in 2024.

Hapbee Technologies fundamental ratios Correlations

-0.560.20.06-0.45-0.77-0.380.330.960.740.670.96-0.120.650.67-0.070.980.480.690.740.450.060.540.120.060.23
-0.56-0.870.750.96-0.030.97-0.92-0.33-0.870.03-0.34-0.69-0.970.030.85-0.43-0.980.15-0.87-0.960.56-0.88-0.660.56-0.87
0.2-0.87-0.86-0.940.35-0.950.94-0.030.66-0.45-0.020.910.84-0.45-0.940.080.94-0.510.660.95-0.570.880.68-0.571.0
0.060.75-0.860.81-0.670.86-0.740.31-0.50.60.29-0.91-0.70.60.970.22-0.770.71-0.5-0.770.88-0.67-0.520.88-0.82
-0.450.96-0.940.81-0.160.99-0.95-0.19-0.870.26-0.2-0.76-0.930.260.91-0.3-0.980.32-0.87-0.970.62-0.95-0.720.62-0.95
-0.77-0.030.35-0.67-0.16-0.240.17-0.9-0.21-0.88-0.890.62-0.06-0.88-0.54-0.860.1-0.95-0.210.1-0.660.020.2-0.660.3
-0.380.97-0.950.860.99-0.24-0.95-0.12-0.820.28-0.14-0.81-0.920.280.95-0.23-0.980.37-0.82-0.970.66-0.9-0.710.66-0.95
0.33-0.920.94-0.74-0.950.17-0.950.090.77-0.250.10.760.83-0.25-0.890.210.96-0.360.770.95-0.450.850.86-0.450.95
0.96-0.33-0.030.31-0.19-0.9-0.120.090.510.81.0-0.310.450.80.20.990.240.860.510.230.290.32-0.130.290.0
0.74-0.870.66-0.5-0.87-0.21-0.820.770.510.080.520.340.840.08-0.640.590.820.051.00.78-0.460.870.64-0.460.68
0.670.03-0.450.60.26-0.880.28-0.250.80.080.8-0.60.031.00.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
0.96-0.34-0.020.29-0.2-0.89-0.140.11.00.520.8-0.30.460.80.180.990.250.850.520.240.270.33-0.120.270.01
-0.12-0.690.91-0.91-0.760.62-0.810.76-0.310.34-0.6-0.30.67-0.6-0.9-0.220.78-0.690.340.81-0.640.660.48-0.640.89
0.65-0.970.84-0.7-0.93-0.06-0.920.830.450.840.030.460.670.03-0.780.540.95-0.040.840.95-0.520.90.47-0.520.84
0.670.03-0.450.60.26-0.880.28-0.250.80.081.00.8-0.60.030.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
-0.070.85-0.940.970.91-0.540.95-0.890.2-0.640.520.18-0.9-0.780.520.09-0.890.64-0.64-0.880.78-0.78-0.70.78-0.92
0.98-0.430.080.22-0.3-0.86-0.230.210.990.590.770.99-0.220.540.770.090.350.80.590.340.230.41-0.020.230.11
0.48-0.980.94-0.77-0.980.1-0.980.960.240.82-0.160.250.780.95-0.16-0.890.35-0.250.821.0-0.520.910.7-0.520.95
0.690.15-0.510.710.32-0.950.37-0.360.860.050.950.85-0.69-0.040.950.640.8-0.250.05-0.250.61-0.21-0.420.61-0.48
0.74-0.870.66-0.5-0.87-0.21-0.820.770.511.00.080.520.340.840.08-0.640.590.820.050.78-0.460.870.64-0.460.68
0.45-0.960.95-0.77-0.970.1-0.970.950.230.78-0.160.240.810.95-0.16-0.880.341.0-0.250.78-0.490.90.66-0.490.96
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.49-0.5-0.291.0-0.52
0.54-0.880.88-0.67-0.950.02-0.90.850.320.87-0.240.330.660.9-0.24-0.780.410.91-0.210.870.9-0.50.59-0.50.9
0.12-0.660.68-0.52-0.720.2-0.710.86-0.130.64-0.3-0.120.480.47-0.3-0.7-0.020.7-0.420.640.66-0.290.59-0.290.72
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.491.0-0.5-0.29-0.52
0.23-0.871.0-0.82-0.950.3-0.950.950.00.68-0.430.010.890.84-0.43-0.920.110.95-0.480.680.96-0.520.90.72-0.52
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Hapbee Technologies Account Relationship Matchups

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Additional Tools for Hapbee Stock Analysis

When running Hapbee Technologies' price analysis, check to measure Hapbee Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hapbee Technologies is operating at the current time. Most of Hapbee Technologies' value examination focuses on studying past and present price action to predict the probability of Hapbee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hapbee Technologies' price. Additionally, you may evaluate how the addition of Hapbee Technologies to your portfolios can decrease your overall portfolio volatility.